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Blackstone CEO Schwarzman collected $896.7m last year
Other - FEBRUARY 27, 2024

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Blackstone CEO Schwarzman collected $896.7m last year

by Andrea Zander

Steve Schwarzman, CEO of Blackstone, earned $896.7 million last year, a 30 percent drop from a year earlier.

Approximately $777 million was in dividends, and $120 million was from incentive fees and the share of fund profits, or carried interest.

Blackstone slowed its pace of cashing out of deals last year, which created a smaller pool of profits tied to asset sales, reported Fortune.

 

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